Romania vs United Kingdom: Comparative advantage in environmental goods
Comparative advantage in environmental goods over time
- Romania
- United Kingdom
How they compare
Romania currently reports 1.23 index against 1.19 index in United Kingdom, a difference of 0.04 index.
The two have swapped places 1 time across 22 shared years of data; in 1998 it was United Kingdom ahead.
Romania ranks 16th and United Kingdom ranks 19th of 163 countries.
United Kingdom has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Romania | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.4892 index | 1.08 index | 0.594 index | United Kingdom |
| 2000s | 0.7563 index | 1.1 index | 0.3468 index | United Kingdom |
| 2010s | 1.08 index | 1.15 index | 0.0785 index | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher comparative advantage in environmental goods, Romania or United Kingdom?
- Romania, at 1.23 index against 1.19 index in United Kingdom as of 2019.
- What is the difference in comparative advantage in environmental goods between Romania and United Kingdom?
- 0.04 index, with Romania ahead.
- How many years of comparable data are there for Romania and United Kingdom?
- 22 years are reported by both, from 1998 to 2019.
- How do Romania and United Kingdom rank globally for comparative advantage in environmental goods?
- Romania ranks 16th and United Kingdom ranks 19th of 163 countries.
- Where does this data come from?
- IMF Climate Change Dashboard. Data sources: UN Comtrade, DESA/UNSD; IMF staff calculations, published as Comparative advantage in environmental goods (index). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Environmental goods include both goods connected to environmental protection—such as goods related to pollution management and resource management—and adapted goods—which are goods that have been specifically modified to be more “environmentally friendly” or “cleaner.” Comparative advantage is a measure of the relative advantage or disadvantage a particular country has in a certain class of goods (in this case, environmental goods), and can be used to evaluate export potential in that class of goods. Environmental goods include both goods connected to environmental protection—such as goods related to pollution management and resource management—and adapted goods—which are goods that have been specifically modified to be more “environmentally friendly” or “cleaner.” A value greater than one indicates a relative advantage in environmental goods, while a value of less than one indicates a relative disadvantage.